Paradeep Phosphates defies odds: Reports profit boost amid major production hurdles

Paradeep Phosphates defies odds: Reports profit boost amid major production hurdles

Paradeep Phosphates Ltd (PPL) has announced a rise in quarterly profitability for Q1 FY 25, even as production faced setbacks due to a plant shutdown. The company has released its financial results for the quarter ending June 30, 2024, showcasing a notable increase in profitability despite facing production challenges. The company reported income from operations […]

Kirloskar Pneumatic to acquire majority stake in Systems & Components India

Kirloskar Pneumatic to acquire majority stake in Systems & Components India

Kirloskar Pneumatic Company Ltd. (BSE: 505283, NSE: KIRLPNU), a prominent entity in the air, refrigeration, and gas compressor sectors, has signed a memorandum of understanding (MoU) to acquire a majority stake (above 51%) in Systems & Components India Private Ltd. (S&C). This move marks a significant strategic expansion for Kirloskar Pneumatic Company Ltd. into the […]